Air France-KLM traffic declines continue into July 

Today, Air France-KLM released its preliminary figures for July traffic, marking a continued decline in demand seen during June. 

Traffic for the European carrier declined by 5.8% y-o-y to 694 million FTKs. Both Air France and KLM saw similar declines in traffic of 5.7% y-o-y to 317 million FTKs and 5.9% to 377 million FTKs, respectively, for the month. For the first seven months of the year, the group’s total cargo activity was down 0.1% y-o-y to 4.8 billion FTKs. Year-to-date, Air France’s demand was up 3.9% y-o-y to 2.1 billion FTKs, while KLM saw a decline of 3.2% to 2.7 billion FTKs.